X @Nick Szabo

RT Wall Street Mav (@WallStreetMav)The Netherlands is about to commit financial self-destruction. Their parliament just passed a 36% tax on unrealized gains for investments.This will cause wealthy people to move to another tax jurisdiction. People will avoid launching a new business. Stock market investing will dry up.There is too much downside risk, very little upside potential. The govt is confiscating most of the potential upside, but leaving the investor with the downside risk.The politicians know this, ...